Today: July 03, 2024
Today: July 03, 2024

Latest From Jonathan Stempel

Business|Economy

Visa, Mastercard $30 billion swipe fee settlement rejected by US judge

A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants that accept their

Visa, Mastercard $30 billion swipe fee settlement rejected by US judge
Education|News|Political

Louisiana is sued for requiring display of Ten Commandments in classrooms

Louisiana was sued on Monday over a new law requiring the display of the Ten Commandments in all public school classrooms in the state.

Louisiana is sued for requiring display of Ten Commandments in classrooms
News|Political|World

UNRWA is sued by Israeli victims of Oct. 7 Hamas attack

The United Nations Palestinian refugee agency was sued on Monday by dozens of Israelis who accused it of aiding and abetting the Oct. 7 Hamas attack on Israel.

UNRWA is sued by Israeli victims of Oct. 7 Hamas attack
Business|Economy|Environment|News

Warren Buffett's PacifiCorp reaches $150 million wildfire settlement

PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway, agreed to a $150 million settlement with 378 plaintiffs arising from one of the 2020 wildfires that

Warren Buffett's PacifiCorp reaches $150 million wildfire settlement
Business

Walmart, Capital One settle lawsuit over credit card partnership

Walmart settled its lawsuit against Capital One over their credit card partnership, which had made Capital One the exclusive issuer of Walmart-branded consumer

Walmart, Capital One settle lawsuit over credit card partnership
Business|Economy

Ex-Deutsche Bank investment banker gets 41 months prison in crypto fraud

A former Deutsche Bank investment banker was ordered by a U.S. judge on Thursday to spend 41 months in prison, after pleading guilty to a Ponzi-like fraud in

Business|Economy|News

Massachusetts man admits to fraud tied to bogus $4 billion Getty Images bid

A Massachusetts man agreed to plead guilty to securities fraud for artificially inflating the stock price of Getty Images Holdings, including through a bogus $4 billion

Entertainment

Madonna fans end lawsuit over late concerts; singer's lawyers threaten sanctions

Two Madonna fans ended their lawsuit in New York accusing the pop superstar of starting concerts two hours late, prompting her legal team to threaten the

Madonna fans end lawsuit over late concerts; singer's lawyers threaten sanctions
Business|Technology

Qualcomm reaches $75 million settlement over sales and licensing practices

Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by hiding its anticompetitive sales and licensing

Qualcomm reaches $75 million settlement over sales and licensing practices
Business|Technology

Meta must face Australian billionaire Forrest's US lawsuit over scam Facebook crypto ads

A U.S. judge rejected Meta Platforms' bid to dismiss a lawsuit by billionaire Australian mining magnate Andrew Forrest over scam Facebook advertisements that show him

Meta must face Australian billionaire Forrest's US lawsuit over scam Facebook crypto ads
Business|Economy|News

New Jersey fines Walmart over in-store pricing practices

Walmart, the world's largest retailer, has agreed to pay $1.64 million to settle regulatory charges that its 64 New Jersey stores employed illegal pricing practices

New Jersey fines Walmart over in-store pricing practices
Business|Technology

Tesla must face owners' lawsuit claiming it monopolizes vehicle repairs and parts

A U.S. judge said Tesla vehicle owners can pursue a proposed class action accusing billionaire Elon Musk's electric car company of monopolizing markets for repairs and

Tesla must face owners' lawsuit claiming it monopolizes vehicle repairs and parts
Economy|News|Political

US SEC sues over alleged bogus bailout of Richard Branson's Virgin Orbit

A Texas man was sued by the U.S.

US SEC sues over alleged bogus bailout of Richard Branson's Virgin Orbit
Business|Technology

US sues Photoshop maker Adobe for hiding fees, making it difficult to cancel

The U.S. government sued Adobe on Monday, accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular

US sues Photoshop maker Adobe for hiding fees, making it difficult to cancel
Business|Economy|Technology

New York recovers $50 million for defrauded Gemini Earn crypto investors

New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini Earn

New York recovers $50 million for defrauded Gemini Earn crypto investors
Business|Economy

Visa, Mastercard $30 billion fee settlement in peril

Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge

Visa, Mastercard $30 billion fee settlement in peril
Business

Buffett's NetJets sues pilots' union for defamation over safety, training claims

NetJets, the luxury plane unit of billionaire Warren Buffett's Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over statements about its

Buffett's NetJets sues pilots' union for defamation over safety, training claims
Business|Lifestyle

Levi Strauss settles lawsuit against Italy's Brunello Cucinelli over trademarked tab

Levi Strauss has settled its lawsuit accusing the Italian luxury fashion brand Brunello Cucinelli of infringing its familiar, trademarked rectangular pocket tab.

Levi Strauss settles lawsuit against Italy's Brunello Cucinelli over trademarked tab
Business

Donald Trump's bond provider defends its help

The company that provided Donald Trump with a $175 million bond in his New York civil fraud case said it had "substantial financial credibility," and rejected

Donald Trump's bond provider defends its help
Business

Google to destroy browsing data to settle consumer privacy lawsuit

Google agreed to destroy billions of data records to settle a lawsuit claiming it secretly tracked the internet use of people who thought they were browsing privately.

Google to destroy browsing data to settle consumer privacy lawsuit
Business

Goldman, Morgan Stanley win dismissal of lawsuits over Archegos collapse

A U.S. judge on Thursday dismissed seven lawsuits by investors who accused Goldman Sachs Group Inc and Morgan Stanley of misconduct that fueled the rapid March

Goldman, Morgan Stanley win dismissal of lawsuits over Archegos collapse
Business

Trader Joe's lawsuit over 'heavy metals' in chocolate is largely dismissed

A U.S. judge dismissed most of a lawsuit accusing Trader Joe's of misleading and endangering consumers by failing to disclose that its dark chocolate bars

Trader Joe's lawsuit over 'heavy metals' in chocolate is largely dismissed
Business

Walmart can end Capital One credit card partnership early, US judge rules

A federal judge ruled on Tuesday that Walmart can end its credit card partnership with Capital One early because the bank failed to provide the required level

Walmart can end Capital One credit card partnership early, US judge rules
Business

Meta Platforms must face advertisers' class action, US appeals court says

A divided U.S. appeals court said Meta Platforms must face a class action by advertisers that accused the Facebook and Instagram owner of overcharging them by

Meta Platforms must face advertisers' class action, US appeals court says
Business

Meta, Microsoft, X and Match join Epic Games' battle against Apple

Meta Platforms, Microsoft, Elon Musk's X and Match Group on Wednesday joined "Fortnite" video game maker Epic Games' protest that Apple has failed to honor a court-

Meta, Microsoft, X and Match join Epic Games' battle against Apple

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